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Ocean City, Maryland

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
6,903
Population
$77,750
Median Income
$429,000
Home Value
55.6
Median Age

Demographics

Ocean City has a population of 6,903 with a median age of 55.6. Here is the racial and ethnic breakdown of the population:

White
85.6%
Hispanic
9.5%
Asian
1.7%
Black
1.6%
Other
1.6%
Demographic Value
Total Population6,903
Median Age55.6
White85.6%
Black or African American1.6%
Asian1.7%
Hispanic or Latino9.5%
Other / Two or More Races1.6%
Ocean City, Maryland — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.White: 85.6%Hispanic/Latino: 9.5%Other: 4.9%6,903PopulationWhiteWhite85.6%Hispanic/LatinoHispanic/Latino9.5%OtherOther4.9%

Income & Economy

The median household income in Ocean City is $77,750, which is 3.5% below the national median of $80,610. The per capita income is $72,487. The poverty rate is 10.9%.

$77,750
Median Household Income
$72,487
Per Capita Income
10.9%
Poverty Rate

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Education

In Ocean City, 95.0% of residents age 25+ have a high school diploma or higher, and 41.7% hold a bachelor's degree or higher (16.4% with a graduate or professional degree).

HS Diploma+
95.0%
Bachelor's+
41.7%
Graduate+
16.4%
Education Level % of Adults (25+)
High School Diploma or Higher95.0%
Bachelor's Degree or Higher41.7%
Graduate or Professional Degree16.4%

Housing

The median home value in Ocean City is $429,000, above the national median of $303,400. The median monthly rent is $1,353. The homeownership rate is 74.2%.

$429,000
Median Home Value
$1,353/mo
Median Rent
74.2%
Homeownership Rate
Housing Metric Value
Median Home Value$429,000
Median Monthly Rent$1,353
Homeownership Rate74.2%
Vacancy Rate87.2%

Salaries in Maryland

Explore salary data for popular occupations in Maryland:

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Other Cities in Maryland

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Frequently Asked Questions

What is the population of Ocean City, Maryland?
The population of Ocean City, Maryland is 6,903 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Ocean City, Maryland?
The median household income in Ocean City, Maryland is $77,750. This is 3.5% below the national median of $80,610.
What is the median home value in Ocean City, Maryland?
The median home value in Ocean City, Maryland is $429,000. The median monthly rent is $1,353.
What percentage of people in Ocean City have a college degree?
In Ocean City, Maryland, 41.7% of adults age 25 and older hold a bachelor's degree or higher, and 95.0% have a high school diploma or higher.
Is Ocean City, Maryland an affordable place to live?
The home price-to-income ratio in Ocean City, Maryland is 5.5x (median home value $429,000 vs. median income $77,750), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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